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Bounded Rationality and Behavioral Frictions: Why Simple Digital Tools Outcompete “Built-In” Features

Bounded rationality explains why users choose simple tools like ROI calculators over complex built-in features....
4 min read
Questions on aggregate demand
Questions

Questions on aggregate demand

Published on January 17, 2020

Quiz

Splash-quiz

Published on January 17, 2020

Definition of accelerator effect
Definitions

Definition of accelerator effect

Published on January 17, 2020

National income
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National income

Published on January 17, 2020

Introduction to the Global Economy
Global economics

Introduction to the Global Economy

Published on January 17, 2020

Introduction to macroeconomics
Managing the economy

Introduction to macroeconomics

Published on January 17, 2020

Introduction to market failures
Market failures

Introduction to market failures

Published on January 15, 2020

Micro-economics
Competitive markets

Micro-economics

Published on January 15, 2020

Introduction to Business Economics
Business economics

Introduction to Business Economics

Published on January 15, 2020

Micro-economics
Competitive markets

Micro-economics

Published on January 14, 2020

Newer Posts
Page 177 of 183
Older Posts
When you are shopping online, is the seller using psychological tricks to manipulate you into buying more?

Dark Patterns and the Economics of Consumer Mistakes

Almost all of us have experienced websites using various strategies and gimmicks to urge us to buy more stuff. This is known as the use of dark patterns to take advantage of human psychology. What are the economic ramification of widespread ecommerce use of dark patterns?...
4 min read

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